Italy is following in the Greek footsteps


“Operation Safe Streets” in Italy,

May 25, 2015

By Cristian Barberi

Reporting from Rome

Over the last 4 years in Europe and around the world there was much focus on Greece’s bankruptcy and how the EU should deal with it. Much has been written (most of which is intended to obfuscate) about Greece’s financial Odyssey, but always with the intention to skim the real issues regarding the core dogmas on which the outlandish and non-credible EU has been founded on. The more the mainstream media talked about bailouts, the more people couldn’t understand the real meaning of what was happening. All those numbers and figures bombarding people’s minds distracted from what had really been created in the last 35 years: A giant hole in the West’s economy caused by the abandoning of the Gold Standard and the consequent introduction of Fiat Money in 1972 by President Nixon, in defiance of the Bretton Woods agreements. 

In 2008 people in the streets of Italy became familiar with the word “spread”, a word repeated incessantly in every television news show without giving an actual definition of it, a typical brainwashing technique used by the main stream media. Since that year Silvio Berlusconi, the then PM of Italy would always say “we will get out of the crisis before the other countries”, a statement that now sounds quite insane considering the desperate economic situation in Italy in 2015. The following PMs – Mario Monti, a technocrat, and Enrico Letta, didn’t talk about getting out of the crisis, they just took “measures” that would result in an austerity plan that destroyed the welfare and the economy of the entire nation. 

The official unemployment rate in Italy now is at 16% (nothing could be farther from the truth), these statistics are a complete falsehood, the real unemployment rate in Italy now is at least at 50%. The media “failed” to inform people that in the south (and not only in the south) most businesses haven’t been paying wages for almost a year now, plus, they can’t afford to pay taxes and struggle to pay the suppliers. This goes totally unreported. A few weeks ago I talked to a supermarket owner and he told me that a supermarket which employed 300 people had closed and the media totally ignored the issue, both at local & national level. These are signs of an imminent economic collapse if you also take into account the emigration rate in Italy, where only in 2014 100,000 people emigrated to other countries such as Germany, England  and Switzerland, as well as South American countries. 

The focus of the international media now is on Greece so the Italian situation is not in the limelight. In addition to that, we have to consider the wool that is being pulled over the Italian people’s eyes by politicians. Another thing that goes totally unreported is that Italian banks, even the biggest ones, such as Unicredit and Banca Intesa San Paolo, have a liquidity crisis that in the short and medium term will complicate the situation. What is rather unsettling is the behavior of the Italian people, totally compliant with any decision taken by the politicians – even when they object to something, there is no follow up. In a few words, taking into account all the Italian issues (the unemployment rate, the liquidity crisis, the businesses struggling) there’s nothing to be happy about. Italy will only gain more international attention in case of a Greek default and a consequent “Grexit”. 

In conclusion, I would say that we also have to take into account that the streets of Rome already have a military presence patrolling different areas with armored vehicles. Such operation goes under the name of “Operazione Strade Sicure” (Safe Streets Operation). Is this a sign that the government already fears potential large scale civil disorder?

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